Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Everything ok Multi? It's gone midday and we haven't had a copper update.
Personally the stock is heavily undervalued given that this is a working mine. The drop is SP was overly dramatic.
Value vs Debt is minimal.
I am doubting that a dilution will take place, but that new agreements are made.
My view on copper is that it will slowly recover. My view on deramping us that it occurs but that you are not involved. My view overall? I sold just over 2/3 taking a 33k loss. I may add when the way forward is clear but Rambler tend towards half arsed news releases that leave the market and investors up in the air. If I can get my other shares back at 5p on news, I'll do so as downside is then minimal compared to upside.
Mukti, One key factor you seem to have overlooked is that any dilution will need shareholder approval. Do you really think that shareholders are going to approve a 4p dilution?
They will have to call an EGM but they will have to seek approval to issue shares which I suspect shareholders will reject. I don't think they have any headroom, they issued shares in February which covered the 10% they were able to issue without shareholders approval, so I think any new shares will require approval
Sale is the only solution.
Absolutely Redkite. At 4p shareholders have already lost 80% in just over a month, so not much to lose. I think mass dilution will be rejected and as you say force the company into a sale
Theres a very high risk investment opportunity here.
LTH's be mad.
Don't hate the player hate the game.
Target your hate on them then. However. The game will outlived the current player and you.
Well leaving 2days know 0 never been seen maybe he living by rio instead
Or doesn't want to be seen and stalked GTTMUFO.....that may be an option? What's your chart say about Know0?